It has not yet managed to break its downtrend. It will probably stop at the green box and if the green box cannot support it, it could drop to the blue lines in the long term. But in the short term, it has a small resistance at the red lines and it could go lower as long as it is not broken.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.